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Hercules Capital

327 hedge funds and large institutions have $938M invested in Hercules Capital in 2025 Q2 according to their latest regulatory filings, with 40 funds opening new positions, 139 increasing their positions, 86 reducing their positions, and 37 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more repeat investments, than reductions

Existing positions increased: 139 | Existing positions reduced: 86

21% more capital invested

Capital invested by funds: $775M → $938M (+$163M)

3.03% more ownership

Funds ownership: 23.31%26.35% (+3%)

8% more first-time investments, than exits

New positions opened: 40 | Existing positions closed: 37

0% more funds holding

Funds holding: 326327 (+1)

0% more funds holding in top 10

Funds holding in top 10: 44 (0)

50% less call options, than puts

Call options by funds: $5.7M | Put options by funds: $11.4M

Holders
327
Holders Change
+1
Holders Change %
+0.31%
% of All Funds
4.31%
Holding in Top 10
4
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
40
Increased
139
Reduced
86
Closed
37
Calls
$5.7M
Puts
$11.4M
Net Calls
-$5.74M
Net Calls Change
-$1M
Name Holding Trade Value Shares
Change
Change in
Stake
WOC
326
West Oak Capital
California
$91
CAM
327
Creekmur Asset Management
Illinois
$15
TI
328
Trexquant Investment
Connecticut
-$2.38M -123,706 Closed
Fidelity International
329
Fidelity International
Bermuda
-$1.7M -88,901 Closed
OAC
330
OMERS Administration Corp
Ontario, Canada
-$1.09M -56,700 Closed
BA
331
Bristlecone Advisors
Washington
-$1.07M -55,845 Closed
BFG
332
Bleakley Financial Group
New Jersey
-$904K -47,068 Closed
SC
333
SummitTX Capital
Texas
-$881K -45,863 Closed
GIC
334
Generali Investments CEE
Czech Republic
-$821K -42,750 Closed
Marshall Wace
335
Marshall Wace
United Kingdom
-$550K -28,615 Closed
VF
336
Virtu Financial
New York
-$506K -26,339 Closed
FCM
337
Fieldview Capital Management
Michigan
-$365K -19,025 Closed
LF
338
Lansforsakringar Fondforvaltning
Sweden
-$362K -18,837 Closed
CC
339
Centiva Capital
New York
-$361K -18,767 Closed
CA
340
Clearstead Advisors
Ohio
-$317K -16,519 Closed
FFA
341
Founders Financial Alliance
North Carolina
-$279K -14,516 Closed
CCG
342
Catalina Capital Group
California
-$255K -13,271 Closed
TCM
343
Triumph Capital Management
Colorado
-$253K -13,158 Closed
HWM
344
HB Wealth Management
Georgia
-$232K -12,089 Closed
Citigroup
345
Citigroup
New York
-$226K -11,744 Closed
LA
346
LM Advisors
California
-$209K -10,900 Closed
Baird Financial Group
347
Baird Financial Group
Wisconsin
-$209K -10,864 Closed
NRD
348
Nebula Research & Development
New York
-$208K -10,847 Closed
PCG
349
Prosperity Consulting Group
Maryland
-$205K -10,668 Closed
LFA
350
LGT Financial Advisors
Texas
-$132K -6,852 Closed

HTGC Hedge Fund Activity: Q2 2025 in Review

327 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Hercules Capital (HTGC) for Q2 2025, worth a combined $938M — up 21% from $775M a quarter earlier.

Buyers outnumbered sellers: 40 funds opened new HTGC positions and 37 closed out — a net gain of 3 holders — while 139 added to existing stakes and 86 trimmed.

The largest buyer was Millennium Management, adding an estimated $44.7M. The largest seller was Citadel Advisors, cutting an estimated $10.6M.

  • 327 institutional investors held Hercules Capital (HTGC) as of Q2 2025, up from 326 in Q1 2025.
  • Funds reported $938M of Hercules Capital stock for Q2 2025, up 21% quarter-over-quarter.
  • 40 funds opened new Hercules Capital positions in Q2 2025 and 37 closed out, a net change of +3 holders.
  • The largest Hercules Capital buyer in Q2 2025 was Millennium Management, an estimated $44.7M added.
  • The largest Hercules Capital seller in Q2 2025 was Citadel Advisors, an estimated $10.6M sold.

Based on aggregated 13F filings for Q2 2025.